RIT Capital Partners (LON:RCP) Share Price Passes Above 50-Day Moving Average – What’s Next?

RIT Capital Partners (LON:RCPGet Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,927.86 ($23.54) and traded as high as GBX 1,960 ($23.93). RIT Capital Partners shares last traded at GBX 1,960 ($23.93), with a volume of 356,213 shares changing hands.

RIT Capital Partners Trading Down 1.1 %

The company has a 50 day moving average of GBX 1,927.86 and a 200 day moving average of GBX 1,869.78. The firm has a market cap of £2.79 billion, a P/E ratio of 1,196.30 and a beta of 0.40. The company has a debt-to-equity ratio of 7.81, a quick ratio of 1.06 and a current ratio of 1.41.

Insiders Place Their Bets

In related news, insider Helena Coles purchased 1,002 shares of RIT Capital Partners stock in a transaction on Friday, December 13th. The stock was bought at an average price of GBX 1,996 ($24.37) per share, with a total value of £19,999.92 ($24,419.93). Insiders own 41.36% of the company’s stock.

About RIT Capital Partners

(Get Free Report)

RIT Capital Partners plc is a self-managed investment trust. The firm invests in the public equity and currency markets across the globe. It also invests in private investments and equity funds. The firm benchmarks the performance of its portfolio against the RPI plus 3% and MSCI All Country World Index (50% Sterling).

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